Avantis Emerging Markets Equity ETF $AVEM Stock Purchased by Cooper Financial Group

Cooper Financial Group grew its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 240,721 shares of the company’s stock after acquiring an additional 12,750 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 1.8% of Cooper Financial Group’s holdings, making the stock its 14th largest holding. Cooper Financial Group’s holdings in Avantis Emerging Markets Equity ETF were worth $22,633,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. JFS Wealth Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 67.3% in the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after buying an additional 111 shares in the last quarter. Winch Advisory Services LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at $26,000. Glenmede Trust Co. NA purchased a new position in Avantis Emerging Markets Equity ETF in the 1st quarter worth $31,000. Investors Research Corp bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter worth $39,000. Finally, First Community Trust NA lifted its stake in Avantis Emerging Markets Equity ETF by 136.9% in the second quarter. First Community Trust NA now owns 443 shares of the company’s stock worth $43,000 after purchasing an additional 256 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM traded down $1.19 during trading on Wednesday, hitting $94.95. 1,600,364 shares of the company’s stock traded hands, compared to its average volume of 1,914,991. The stock has a fifty day moving average of $94.02 and a two-hundred day moving average of $92.03. Avantis Emerging Markets Equity ETF has a 12-month low of $72.94 and a 12-month high of $100.83. The firm has a market cap of $28.67 billion, a P/E ratio of 12.66 and a beta of 0.75.

Avantis Emerging Markets Equity ETF Profile

The Avantis Emerging Markets Equity ETF (AVEM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that holds emerging-market stocks of all market capitalizations considered favorable on multiple factors. The fund seeks to provide capital appreciation. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.